RESIGNATION AND APPOINTMENT OF CHAIRMAN IN CIVIL BANK LTD.

Sunday - 30th April, 2017 | www.nepalstock.com | Company News

Civil Bank Ltd. has informed NEPSE on 2074-01-17 that the BOD meeting of the company held on 2074-01-15 has approved the resignation of its chairman Mr. Ichcha Raj Tamang. The same meeting has appointed Mr. Ambir Bogati as the new chairman and Ms. Srijana Shakya (Tamang) as the director of the company.

Bullish to the Extreme

ResCon was established in 2007 with a vision to provide top notch research and consulting services to its clientele. It strongly believes in providing as much data as possible to help investors make correct and timely decisions when it comes to investing in Nepal. Soon after the establishment of the company, it saw Nepse - the sole barometer of NEPSE - hit all time high in 2008. But the jubilance and exuberance was short lived as market started nose diving and all of a sudden, all the excitement was gone. The economy went through one of the toughest periods with real estate taking maximum hit. Had it not been for remittance, Nepal would have hit the rock bottom so hard that it would have taken years to stand right up. Luckily, with Maoists in main stream politics and possibility of dawn of new constitution, economy slowly started picking up. GDP showed positive progress and Nepse started climbing up. For those, who stuck during hard time can breathe sigh of relief.

For us too, had it not been to our positive and optimistic views, we would have gone down the barrel soon. We stuck with our motto - Bullish to the extreme - all these years and we continue to stick to it through thick & thin and ups & downs.

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